Bitcoin News Today: Brazil Considers Adding Bitcoin to Foreign Exchange Reserves in Landmark Move

Brazil is poised to make a landmark move in the integration of Bitcoin into national financial systems, with its Federal Chamber of Deputies planning a public hearing on August 20, 2025, to evaluate the inclusion of Bitcoin in the country’s foreign exchange reserves. The proposed plan, if approved, would allow the Central Bank to gradually acquire Bitcoin, aiming to hold up to 5% of the nation’s reserves in the cryptocurrency [1].

The initiative draws parallels with recent developments in other countries, such as the United States and El Salvador, which have explored or implemented strategies to incorporate digital assets into their financial frameworks. The bill under consideration mandates that any purchased Bitcoin be stored in cold storage and that all transactions be transparently reported. However, it does not outline a specific timeline or conditions for the potential sale of these holdings, leaving room for further legislative refinement [1].

This proposed move places Brazil at the forefront of nations experimenting with the role of cryptocurrencies in sovereign asset management. The global trend has seen various institutions and governments increasing their Bitcoin reserves in recent months. For example, BitMine expanded its treasury with over 833,000 ETH in 35 days, while DevvStream launched a crypto treasury with initial purchases of Bitcoin and Solana [2]. Meanwhile, Metaplanet added 463 BTC to its reserves in July 2025, further highlighting the institutional shift toward digital assets [3].

Brazil’s potential adoption of Bitcoin as a reserve asset could have broader implications for the global financial landscape. The country’s size and economic influence mean its decision could affect capital flows and reinforce the legitimacy of Bitcoin as a strategic asset in national treasuries. Unlike the U.S., which has focused on acquiring Bitcoin from seized assets without increasing taxpayer burdens, Brazil’s plan suggests a more proactive and integrated approach to reserve diversification [1].

The hearing in August will be a key moment for Brazil’s financial policy and for the future of Bitcoin adoption in emerging markets. As countries continue to explore the benefits and risks of digital assets, Brazil’s approach will be closely monitored by investors, regulators, and the global financial community.

Sources:

[1] https://en.bitcoinsistemi.com/pay-attention-to-this-date-in-bitcoin-critical-country-to-discuss-adding-btc-to-its-treasury/

[2] https://www.marketscreener.com/news/devvstream-deploys-crypto-treasury-with-initial-bitcoin-and-solana-purchases-intends-to-expand-cred-ce7c5edade81f623

[3] https://cryptodnes.bg/en/tag/scaling/